NOT LISTED FOR SALE

902 W Mishawaka Ave Mishawaka, IN 46545

Estimated Value: $184,000 - $209,000

3 Beds
2 Baths
1,876 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $60,000 $32 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,252/month

287 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Community Storage Space
  • Forced Air Heating System
  • 2 Car Garage
  • Carpet

About This Home

As of January 2018

No photos per tenants. Need 48 hours notice to show. Good rental history. Walk-up 3rd floor is great for storage or could be converted to additional living space. Currently renting upper unit below market. Please contact LA for income & expense. Second GFA furnace on 3rd floor for the 2nd floor apt. Corner lot. ***HUGE PRICE REDUCTION*** owners want an offer

Last Agent to Sell the Property

Alice Fairington

At Home Realty Group Listed on: 03/10/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1922

Lot Details

  • 4,870 Sq Ft Lot
  • Lot Dimensions are 42 x 116
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Unfinished Basement
  • Block Basement Construction
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for electric, heating, tax, water
  • Assessor Parcel Number 71-09-09-364-013.000-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Age: 95
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 22 ONEILL & SCHWAB
  • Parcel Number ID: 71-09-09-364-013.000-023
  • Platted: Yes
  • Amenities: Basement, Storage, Attic-Walk-up
  • Sp Lp Percent: 75.09
  • Special Features: None

Interior Features

  • Total Sq Ft: 2660
  • Total Finished Sq Ft: 1876
  • Above Grade Finished Sq Ft: 1876
  • Below Grade Sq Ft: 784
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Main Level Sq Ft: 938
  • Total Below Grade Sq Ft: 784
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Number Of W D Hookups: 1

Schools

  • School District: School City of Mishawaka
  • Elementary School: Battell
  • Middle School: John Young
  • High School: Mishawaka

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 42 x 116
  • Estimated Lot Sq Ft: 4870
  • Estimated Lot Size Acres: 0.1118
  • Lot Number: 22

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Tax, Water
  • Tenant Pays: Heating

Tax Info

  • Total Assessed Value: 46800
  • Annual Property Tax: 1323

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Huntington Bay Investments Llc
Bought by
M Group Llc-S Series 902 Mishawaka Avenue
Current Estimated Value
$196,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,055,000
Outstanding Balance
$5,055,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$4,879,429

Purchase Details

Closed on
May 27, 2020
Sold by
M Group Llc S Series
Bought by
Huntington Bay Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,836,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2019
Sold by
Cold Spring Properties Llc
Bought by
M Group Llc-S Series 902 W Mis

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jan 18, 2018
Sold by
Farrington Alice C and Farrington Wayne A
Bought by
Cold Spring Properties Llc
Seller's Agent
Alice Fairington
At Home Realty Group
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Original Mortgage
$48,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2015
Sold by
Witt Mona M
Bought by
Witt Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M Group Llc-S Series 902 Mishawaka Avenue -- Meridian Title
Huntington Bay Inv Llc -- None Available
M Group Llc-S Series 902 W Mis -- None Available
Cold Spring Properties Llc -- Metropolitan Title
Witt Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M Group Llc-S Series 902 Mishawaka Avenue $5,055,000
Closed Cold Spring Properties Llc $5,055,000
Previous Owner Huntington Bay Inv Llc $4,836,000
Previous Owner Cold Spring Properties Llc $48,000
Previous Owner Cold Spring Properties Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2018 01/22/18 Sold $60,000 -24.9% $32 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $79,900 -- $43 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,185 $130,800 $17,100 $113,700
2023 $2,184 $93,100 $6,800 $86,300
2022 $2,184 $93,100 $6,800 $86,300
2021 $2,044 $86,700 $8,400 $78,300
2020 $1,608 $68,000 $9,900 $58,100
2019 $1,452 $61,100 $8,900 $52,200
2018 $1,797 $90,600 $8,400 $82,200
2017 $2,870 $89,600 $8,400 $81,200
2016 $2,742 $89,600 $8,400 $81,200
2014 $1,265 $46,800 $8,400 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201709608

Indiana Regional MLS

APN: 71-09-09-364-013.000-023